Thread: Calculator: Risk of Ruin

A new feature has been added to the forum: Risk of Ruin Calculator!

Code:

http://baccaratforums.com/calculator-risk-of-ruin/

You can currently find it at the navigation bar on top, to the immediate right of Community. Just click Calculators, the menu will drop down, and select Risk of Ruin.

Yes, the reason why it's a drop-down menu is because we'll be adding many more great tools!

I'm keeping this post as a Sticky in the Baccarat Discussion forum for now. I would like to get some feedback on the tool. Make sure to reply to this post to give your opinion.

Does it work properly?
Any errors?
Any way we can improve it?

Let me know... enjoy!

Hi there, I'm new to this forum... for your risk of ruin cal... I don't get what amount are you suppose to put in for "standard deviation" I understand the win rate let say it's $50 an hour and my bank roll is $500 .. but for standard deviation what #'s m i supppose to put in?? is it the amount that I lost or ? thanks

Squirtle,

There's a thread here How Do Baccarat Professionals Live Off Their Baccarat Winnings? . Does it answer your questions?

Originally Posted by Squirtle

Hi there, I'm new to this forum... for your risk of ruin cal... I don't get what amount are you suppose to put in for "standard deviation" I understand the win rate let say it's $50 an hour and my bank roll is $500 .. but for standard deviation what #'s m i supppose to put in?? is it the amount that I lost or ? thanks

Originally Posted by Squirtle

I don't get what amount are you suppose to put in for "standard deviation"

Here are the win rates and standard deviations for the main bets in baccarat:

Code:

 
  BET       WIN RATE       SD
Banker       -1.06%       0.93
Player       -1.24%       0.95
Tie          -14.36%      2.64

Be aware than any game with a negative win rate will have a 100% risk of ruin no matter how you vary your bets.

It seems the risk calculator doesn't accept negative win rate.I can't key in the -1.24 win rate for.. playing player.thanks

Originally Posted by Savant

Here are the win rates and standard deviations for the main bets in baccarat:

Code:

 
  BET       WIN RATE       SD
Banker       -1.06%       0.93
Player       -1.24%       0.95
Tie          -14.36%      2.64

Be aware than any game with a negative win rate will have a 100% risk of ruin no matter how you vary your bets.

Hi Mike,

Sorry, I think I did'nt notice what Savant said that any negative win rate will have 100% risk of ruin.

Originally Posted by Mike

A new feature has been added to the forum: Risk of Ruin Calculator!

Code:

Baccarat Risk of Ruin Calculator Page | BaccaratForums.com

You can currently find it at the navigation bar on top, to the immediate right of Community. Just click Calculators, the menu will drop down, and select Risk of Ruin.

Yes, the reason why it's a drop-down menu is because we'll be adding many more great tools!

I'm keeping this post as a Sticky in the Baccarat Discussion forum for now. I would like to get some feedback on the tool. Make sure to reply to this post to give your opinion.

Does it work properly?
Any errors?
Any way we can improve it?

Let me know... enjoy!

Could you elaborate on use, giving some examples? Thank you Therapy101

Deeidiot,

Now I am convinced, you are SengDumbDragon's Twin brother!

Originally Posted by DeeDei

hey dickhead where are you?? Catch me if you can!!

Hi there is there any1 here could provide me a prediction system about baccarat??or a program that predicts the result. i tried to open the file on mega upload but its not working huhuuhhu.. me add

Originally Posted by kim

Hi there is there any1 here could provide me a prediction system about baccarat??or a program that predicts the result. i tried to open the file on mega upload but its not working huhuuhhu.. me add

Hi kim, there are many methods and strategies here in this forum. Please do your research to find something that you like.

Originally Posted by punvit

Hi kim, there are many methods and strategies here in this forum. Please do your research to find something that you like.

That is certainly true, except for the "hinters". But that doesn't mean any of those can win long-term, even if you spend your own money yourself (by avoiding anything for sale.)

Asfaras i can tell, two ways to go: accept the simple and universal argument that there is no direct financial means of gain from any of the already-available P-B (mindless) systems, as recently noted in the thread, 100% Win Rate For Baccarat?? - Gambling - Questions and Answers - Page 1 - Forums - Wizard of Vegas (probably the beginnings of another scammer); or put the time and effort into some entirely-new approach to playing and testing it, because it's not possible to say what's impossible without showing what's possible. (Not knowing where something is, one can't exhaustively say it's not specifically somewhere... one may be mistaken, lying, or overlooking it there.)

As for the known (failed) systems, skip the long-winded gobble-de-gook over at BeatenBytheClowns (scammers); and register over at the reference-only board, Welcome - Login , where i'm trying to keep the list of links up-to-date in the free-stuff (worth something) section.

You won't win more bets than you lose in the long term so it's all about mm and discipline. You need to win more on your winning bets than you lose on your losing bets, simple. You can play a deep negative mm like star and grin out wins per shoe or play big units and use up as you win mm, and scoot after capturing 2-5 units per day.

Originally Posted by soxfan

You won't win more bets than you lose in the long term so it's all about mm and discipline. You need to win more on your winning bets than you lose on your losing bets, simple. You can play a deep negative mm like star and grin out wins per shoe or play big units and use up as you win mm, and scoot after capturing 2-5 units per day.

That too, is true. Gamblers without a winning approach to betting turn to MM, discipline, and finally "entertainment"... to keep the excuses for losing coming. Ever notice that it's they screaming the discipline-sermon over and over who have none (, even in their own posts)?

Never buy any system, or for that matter anything on-line... and you're on the way to some real discipline.

Hi every one

Hi, abe888 and welcome to the forum.

Anybody know how to put that calculator through it's paces? What is the win rate, thought that would be an unknown variable.

I think most members, just don't know what it's for and don't know how to use it.

That's why it calls RUIN. A manual with examples would be a good idea.
Thanks Hermes

I wonder how many members have been using it.

We'll see if, Mike would do anything to it.

Nobody will use only criticize what he doesn't understand. Only clear instructions will make it useful for the members.
Hermes

I've noticed that this new version of the forum, doesn't have it anymore.

Calculators are still here - links have to be updated due to the major forum upgrades, will take a few days.

Risk of ruin 100% with negative ev

so basically, the longer one plays, the more one loses, right? real nice! thanks for such an encouraging calculator!

A Kelly Strategy Calculator Kelley Strategy Calculator. T101

Originally Posted by Therapy101

A Kelly Strategy Calculator Kelley Strategy Calculator. T101

Thanks but does this mean one can actually win consistently at baccarat?

What it shows is: If your odds of winning are 50% or less, you should not bet. T101

Originally Posted by hannah

Thanks but does this mean one can actually win consistently at baccarat?

It means that flat bettin don't feed tha bulldog, hey hey.

A nice tool.

" this thread can not be trusted because Mr Egalite can not understand that Target betting is a neg progression and not about player betting"